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Facebook owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, CEO Mark Zuckerberg said. Virtual outfits designed by fashion brands Balenciaga, Prada and Thom Browne will be available for purchase to start, said Zuckerberg, speaking in a live video stream with Instagram’s head of fashion.
If the King of Sweden wants help drafting his annual Christmas speech this year, he could ask the same AI model that’s available to his 10 million subjects. As a test, researchers prompted the model, called GPT-SW3, to draft one of the royal messages, and it did a pretty good job, according to Magnus Sahlgren, who heads research in natural language understanding at AI Sweden, a consortium kickstarting the country’s journey into the machine learning era.
Australian fashion tech business Azura Fashion Group is banking on the booming circular economy for growth. The business helps luxury brands, distributors and wholesalers clear end-of-line and off-season products through online marketplaces, such as Farfetch, Net-A-Porter, Vestiaire Collective and The Iconic, as well as its own e-commerce site, Azura Runway.
What does it take to be a successful black small business owner or entrepreneur? For many in the African American community, the answer to that question is inspiration. Luckily, there are lots of inspiring quotes out there from black entrepreneurs who have made it big. Here are 30 powerful quotes to help jumpstart your entrepreneurial journey. Inspirational Quotes for Your Private Business.
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Australian retail spending is now higher than it was tracking before the pandemic, but data from Deloitte suggests celebrations should be held in check. The quarterly Deloitte Access Economics’ Retail Forecasts finds that – based on trend analysis – real retail spending during the quarter to March 31 ran 6.2 per cent ahead of what might have been expected had Covid-19 not disrupted markets from early 2020.
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Web 3.0 collaborations have started going in an interesting direction. A unique partnership has formed between metaverse creators RTFKT Studios, owned by Nike, and luxury fragrance brand Byredo. Together, they’re making virtual ‘auras’ for the metaverse, with matching real-world fragrances for everyday wear. The ‘phygital’ experience, dubbed AlphaMeta, aims to define the perfume of the future in Web 3.0.
Republished from Marketscale. The function of e-commerce has been a vital source of selling on online platforms for decades now. The nature of the large scale selling component allows various types of companies to reach and sell to their customers. In the gaming ecosystem, not only has that been the norm, but its future is bright as new innovation is changing g-commerce.
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For the first time ever, Inside Retail Asia has published a list of the region’s most influential retail leaders. “Influence” is such a subjective word. It’s hard to describe, but once you come across someone with that kind of leadership and spirit, you know immediately exactly what it means. In our view, the notable retail business people on this list go beyond just being in charge of their businesses.
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